Cubrc Inc
Cubrc Inc: Strong Financials, High Program Spending, but Executive Compensation Lacks Detail
EIN: 222505934 · Buffalo, NY · NTEE: U32Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $57.0M |
| Total Expenses | $57.6M |
| Program Spending | 96% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $16.9M |
| Transparency Score | 85/100 |
Is Cubrc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cubrc Inc directs 96% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cubrc Inc
Cubrc Inc (EIN: 222505934) is a nonprofit organization based in Buffalo, NY, classified under NTEE code U32Z. The organization reported total revenue of $57.0M and total assets of $49.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cubrc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cubrc Inc is a major nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60.3M |
| Total Expenses | $57.6M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $47.7M |
| Total Liabilities | $30.8M |
| Net Assets | $16.9M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 64.6% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Cubrc Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 64.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cubrc Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.4% | +17.3% | +16.3% |
| 2022 | -12.7% | -10.4% | +72.7% |
| 2021 | +20.6% | +18.4% | +0.1% |
| 2020 | +6.7% | +5.4% | +26.7% |
| 2019 | -4.2% | -3.6% | +19.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cubrc Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 96%
- fundraising: 2%
According to IRS 990 filings, Cubrc Inc allocates its expenses as follows: admin: 2%, programs: 96%, fundraising: 2%. With 96% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings (2016-2023), which warrants further investigation to understand how leadership is compensated, if at all, or if these costs are embedded elsewhere.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cubrc Inc's IRS 990 filings:
- Consistent reporting of $0 for executive compensation across all years (2016-2023) on Form 990s raises questions about the true cost and structure of leadership remuneration.
Strengths
The following positive indicators were identified for Cubrc Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 96% in 2023, 98% in 2022) demonstrates a strong commitment to mission-related activities.
- Significant growth in net assets from $15.6M in 2018 to $47.6M in 2023 indicates robust financial health and sustainability.
- Strong revenue generation, with over $60M in 2023, supports extensive program delivery.
Frequently Asked Questions about Cubrc Inc
Is Cubrc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cubrc Inc (EIN: 222505934) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Cubrc Inc spend its money?
Cubrc Inc directs 96% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cubrc Inc tax-deductible?
Cubrc Inc is registered as a tax-exempt nonprofit (EIN: 222505934). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cubrc Inc CEO make?
Cubrc Inc's highest-compensated officer earns $0 annually. The organization reported $57.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cubrc Inc's spending goes to programs?
Cubrc Inc directs 96% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cubrc Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cubrc Inc is above average for NTEE category U32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cubrc Inc located?
Cubrc Inc is headquartered in Buffalo, New York and files with the IRS under EIN 222505934. It is classified under NTEE code U32Z.
How many years of IRS 990 filings does Cubrc Inc have?
Cubrc Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $57.0M in total revenue.
What does Cubrc Inc do?
Cubrc Inc is a nonprofit organization in the Science & Technology sector, located in Buffalo, New York. It is classified under NTEE code U32Z.
How much revenue does Cubrc Inc have?
Cubrc Inc reported total revenue of $57,021,409. Based on 13 IRS 990 filings on record.
What are Cubrc Inc's total assets?
Cubrc Inc holds total assets of $49,780,535 as reported in IRS 990 filings.
Where is Cubrc Inc located?
Cubrc Inc is based in Buffalo, New York.
What is Cubrc Inc's EIN?
Cubrc Inc's Employer Identification Number (EIN) is 222505934. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cubrc Inc?
Cubrc Inc is classified under NTEE code U32Z (Science & Technology).
Is Cubrc Inc a registered 501(c)(3)?
Yes, Cubrc Inc is recognized as a tax-exempt organization by the IRS. EIN: 222505934.
Does Cubrc Inc file IRS Form 990?
Yes, Cubrc Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cubrc Inc's revenue in 2023?
In the 202312 filing period, Cubrc Inc reported total revenue of $60,261,329, total expenses of $57,610,410, and net assets of $47,697,162.
Is Cubrc Inc's revenue growing or declining?
Cubrc Inc's revenue is growing. Revenue went from $49,624,474 (202212) to $60,261,329 (202312), a +21.4% change. Based on 13 filings on record.
What is Cubrc Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Cubrc Inc covers tax period 202312. It shows revenue of $60,261,329, expenses of $57,610,410, total assets of $47,697,162, and liabilities of $30,830,169.
How much does Cubrc Inc spend on programs vs administration?
Based on IRS 990 analysis, Cubrc Inc allocates approximately 96% of expenses to program services, 2% to administrative costs, and 2% to fundraising. This indicates strong program focus.
Is Cubrc Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Cubrc Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 3 strengths noted.
What are the red flags for Cubrc Inc?
The following concerns were identified: Consistent reporting of $0 for executive compensation across all years (2016-2023) on Form 990s raises questions about the true cost and structure of leadership remuneration.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cubrc Inc's strengths?
Positive indicators for Cubrc Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 96% in 2023, 98% in 2022) demonstrates a strong commitment to mission-related activities.. Significant growth in net assets from $15.6M in 2018 to $47.6M in 2023 indicates robust financial health and sustainability.. Strong revenue generation, with over $60M in 2023, supports extensive program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Cubrc Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings (2016-2023), which warrants further investigation to understand how leadership is compensated, if at all, or if these costs are embedded elsewhere. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for executive compensation, how does Cubrc Inc attract and retain senior leadership, and where are these costs, if any, accounted for within their financial statements?
The consistent $0 reporting for executive compensation on Form 990s suggests that either executives are not compensated directly by Cubrc Inc, or their compensation is structured in a way that it is not reported in the standard executive compensation section. This could mean compensation is paid by a related entity, or it's embedded within other operational expenses, which would require deeper analysis of their detailed financial statements to uncover.
Filing History
IRS 990 filing history for Cubrc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cubrc Inc's revenue has grown by 102.7%, moving from $29.7M to $60.3M. Total assets increased by 455.2% over the same period, from $8.6M to $47.7M. Total functional expenses rose by 94.3%, from $29.6M to $57.6M. In its most recent filing year (2023), Cubrc Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $30.8M in liabilities against $47.7M in assets (debt-to-asset ratio: 64.6%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60.3M | $57.6M | $47.7M | $30.8M | — | — |
| 2022 | $49.6M | $49.1M | $41.0M | $26.7M | — | View 990 |
| 2021 | $56.9M | $54.8M | $23.7M | $10.1M | — | View 990 |
| 2020 | $47.1M | $46.3M | $23.7M | $12.1M | — | View 990 |
| 2019 | $44.2M | $43.9M | $18.7M | $9.3M | — | View 990 |
| 2018 | $46.1M | $45.5M | $15.7M | $6.5M | — | View 990 |
| 2017 | $47.1M | $47.0M | $18.0M | $9.0M | — | View 990 |
| 2016 | $47.7M | $47.4M | $15.3M | $6.2M | — | View 990 |
| 2015 | $49.6M | $48.3M | $16.7M | $7.4M | — | — |
| 2014 | $41.9M | $41.1M | $15.6M | $7.4M | — | View 990 |
| 2013 | $49.5M | $48.3M | $13.7M | $6.3M | — | View 990 |
| 2012 | $40.9M | $39.2M | $13.9M | $7.9M | — | View 990 |
| 2011 | $29.7M | $29.6M | $8.6M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60.3M, expenses of $57.6M, and assets of $47.7M (revenue +21.4% year-over-year).
- 2022: Revenue of $49.6M, expenses of $49.1M, and assets of $41.0M (revenue -12.7% year-over-year).
- 2021: Revenue of $56.9M, expenses of $54.8M, and assets of $23.7M (revenue +20.6% year-over-year).
- 2020: Revenue of $47.1M, expenses of $46.3M, and assets of $23.7M (revenue +6.7% year-over-year).
- 2019: Revenue of $44.2M, expenses of $43.9M, and assets of $18.7M (revenue -4.2% year-over-year).
- 2018: Revenue of $46.1M, expenses of $45.5M, and assets of $15.7M (revenue -2.0% year-over-year).
- 2017: Revenue of $47.1M, expenses of $47.0M, and assets of $18.0M (revenue -1.3% year-over-year).
- 2016: Revenue of $47.7M, expenses of $47.4M, and assets of $15.3M (revenue -4.0% year-over-year).
- 2015: Revenue of $49.6M, expenses of $48.3M, and assets of $16.7M (revenue +18.6% year-over-year).
- 2014: Revenue of $41.9M, expenses of $41.1M, and assets of $15.6M (revenue -15.5% year-over-year).
- 2013: Revenue of $49.5M, expenses of $48.3M, and assets of $13.7M (revenue +21.1% year-over-year).
- 2012: Revenue of $40.9M, expenses of $39.2M, and assets of $13.9M (revenue +37.5% year-over-year).
- 2011: Revenue of $29.7M, expenses of $29.6M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cubrc Inc:
Data Sources and Methodology
This transparency report for Cubrc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.